Sushant Tawde
Mumbai
Summary
Dynamic Fund Servicing Analyst with extensive experience at JP Morgan Chase & Co., excelling in NAV calculations and operational risk management. Proven leadership in team oversight and client onboarding, leveraging strong analytical and communication skills to enhance process efficiency and ensure compliance. Committed to delivering high-quality results in fast-paced environments.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Securities Services Operations - Fund Servicing Analyst - Team Leader
JP Morgan Chase & Co.
Mumbai
10.2021 - Current
- Remote management and oversight of a team of fund accountants, responsible for daily P&L production, weekly and monthly NAV calculations.
- Accurate calculation and review of fund Net Asset Values (NAVs), ensuring compliance with valuation policies, fund documents, and applicable accounting standards.
- Regular review and analysis of cash, position, and P&L reconciliations, investigating breaks, performing root-cause analysis, and ensuring timely resolution prior to NAV finalization.
- Played a key role in client onboarding, acting as a liaison between clients, operations, and internal teams to ensure a smooth transition into BAU operations, while developing and maintaining detailed SOPs to standardize processes and support scalable team operations.
- Compiled and delivered weekly Risk and Control reports to senior stakeholders to reinforce transparency and strengthen governance.
- Extensive business exposure to equity, credit, and complex derivative instruments, including CDS, IRS, TRS, and other OTC products, with a solid understanding of valuation methodologies, lifecycle events, and risk impacts on fund performance.
- Posting and reviewing of accounting entries to the general ledger, including accruals, amortizations, corporate actions, and complex investment transactions.
Analyst (Hedge Fund accounting)
Enfusion LLC.
11.2019 - 10.2021
- Perform Oversight (Shadow accounting) tasks for Enfusion Clients
- Calculated and verified Net Asset Value for several funds of various levels
- Calculate, verify & process daily income and expense accruals ensuring accuracy for net asset values and dividend distribution computations
- Daily and monthly reconciliations against fund administrators, 3rd party communication related to break resolution
- Subscription bookings and accrual bookings during month ends
- Setup of non-trading accruals and cash movements
- Researched, verified & processed all corporate actions for assigned funds
- Preparing reconciliation reports with Prime Broker, Admin on INTEGRATA
- Handling Team of 5 members and assisting them in client queries
Senior NRI Equity Advisor
Axis Securities
02.2017 - 11.2019
- Handling Portfolio Management Services for Ultra HNI & NRI client right from Investments and handling Reconciliation statements of the funds
- Placing orders of buy/sell of shares on behalf of NRI clients in Equity, Derivatives and Mutual Funds
- Provided clients with updates to clients about the current happenings in Economy and stock market
Relationship Manager
HDFC SECURITIES LTD
06.2016 - 02.2017
- Cross selling other financial products like corporate bonds, Corporate FD's, Life insurance, mutual funds, NPS, Loan against shares, real estate loans and property and other value-added services
- Client meetings for business reasons and help them to make aware about various investment opportunities available
- Placing orders of buy/sell of shares on behalf of Retail and HNI clients in Equity and Derivatives
Equiter Dealer
Share khan LTD.
05.2015 - 03.2016
- Part of Dial and trade department which focuses on quality services to clients in regards to make clients aware about market scenario and open investment opportunities for short term as well as long term, including making clients aware in the fields of Equities, Derivatives, commodities, currencies, Mutual Funds, Bonds and upcoming IPOs
- Provide clients with results of technical analysis performed to make the clients earn profits and achieve organizational goal of generating revenues
Education
MBA - Finance
Welingkar's Institute of Management
Matunga 01-2022
B.com in Financial Markets - Financial Markets
K.P. Hinduja College
Charni Road, Mumbai04-2015
Skills
- Fund Accounting
- Shadow NAV
- Capital markets
- Strategic Thinking
- Focused and Driven
- Interpersonal skills
- Strong Communication skills
- Analytical skills
- Nav calculation
- OTC Derivative
- Team Handling Experience
- Trade Reconciliation
- Position Reconciliation
- Cash Reconciliation
- Settlement of Trades
- Operational Risk
- Market Risk
- Credit Risk
- Review of Financial Report
- MS Excel
- MS Word
- MS PowerPoint
Certification
Financial Risk Management level 1, GARP Institute USA
Accomplishments
- Star Performer, JP Morgan, 10/01/24
- Top Performer, Axis Securities, 2018
- Top Performer, HDFC Securities, 2016
Personal Information
Date of Birth: 10/05/94
Languages
- Marathi
- Gujarati
- English
- Marathi
- Gujarati
Internship
KCR FINANCIAL Services LTD, To study the behavior of Indian investors and facts of Elliot Wave Theory
Timeline
Securities Services Operations - Fund Servicing Analyst - Team Leader
JP Morgan Chase & Co.
10.2021 - Current
Analyst (Hedge Fund accounting)
Enfusion LLC.
11.2019 - 10.2021
Senior NRI Equity Advisor
Axis Securities
02.2017 - 11.2019
Relationship Manager
HDFC SECURITIES LTD
06.2016 - 02.2017
Equiter Dealer
Share khan LTD.
05.2015 - 03.2016
MBA - Finance
Welingkar's Institute of Management
B.com in Financial Markets - Financial Markets
K.P. Hinduja College